Brokerages Set US Foods Holding Corp. (NYSE:USFD) Price Target at $90.00

US Foods Holding Corp. (NYSE:USFD) has received an average rating of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $90.00.

Several analysts recently commented on the stock. Sanford C. Bernstein restated an “outperform” rating on shares of US Foods in a report on Friday, November 7th. Guggenheim lifted their target price on shares of US Foods from $88.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Wall Street Zen cut shares of US Foods from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. Barclays cut their price objective on US Foods from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Finally, Morgan Stanley set a $92.00 target price on US Foods in a research note on Tuesday, January 20th.

Insider Activity at US Foods

In related news, insider Steven Guberman sold 58,632 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $72.00, for a total value of $4,221,504.00. Following the transaction, the insider owned 113,410 shares in the company, valued at approximately $8,165,520. This represents a 34.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.60% of the company’s stock.

Institutional Trading of US Foods

Several large investors have recently added to or reduced their stakes in USFD. Parkside Financial Bank & Trust lifted its stake in shares of US Foods by 303.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after purchasing an additional 246 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in US Foods during the third quarter valued at about $26,000. Steph & Co. bought a new position in US Foods during the fourth quarter valued at about $34,000. Geneos Wealth Management Inc. lifted its position in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the last quarter. Finally, First Horizon Corp bought a new stake in shares of US Foods during the 3rd quarter worth about $39,000. 98.76% of the stock is owned by institutional investors.

US Foods Stock Down 0.1%

NYSE:USFD opened at $87.84 on Monday. The business’s fifty day moving average price is $78.87 and its 200 day moving average price is $77.70. The firm has a market capitalization of $19.58 billion, a price-to-earnings ratio of 36.60, a PEG ratio of 1.11 and a beta of 1.02. The company has a current ratio of 1.15, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. US Foods has a 1-year low of $57.36 and a 1-year high of $88.32.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.18 billion. US Foods had a return on equity of 17.71% and a net margin of 1.43%.The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $0.85 EPS. On average, sell-side analysts forecast that US Foods will post 3.59 earnings per share for the current fiscal year.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.